Oil is Dragging Russia ETFs Lower
January 19, 2016 at 07:30 AM EST
The United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, tumbled nearly 13% last week on its way to a 52-week low. Not surprisingly, Brent’s ongoing swoon is pinching Russian stocks and the corresponding exchange traded funds. Last week, the Market Vectors...